In our basic Solow growth model (with no changes in employment or technology), what would a country’s growth rate
(%realGDP / year) be if it were in the steady state
A) Negative.
B) Fluctuating around an average of 2%.
C) Zero.
D) Positive and the same as it used to be.
E) Positive and larger than it used to be.
Hi there! Click one of our representatives below and we will get back to you as soon as possible.